Priority Debt. The Company shall not at any time permit Priority Debt to exceed the greater of (i) $59,000,000 or (ii) 20% of Consolidated Net Worth as of the end of the then most recently ended fiscal quarter of the Company.
Appears in 2 contracts
Sources: Note Purchase Agreement (Wolverine World Wide Inc /De/), Note Purchase Agreement (Wolverine World Wide Inc /De/)
Priority Debt. The Company shall not will not, at any time time, permit Priority Debt to exceed the greater of (i) $59,000,000 or (ii) 2030% of Consolidated Net Worth determined as of the end of the then most recently ended fiscal quarter of the Company.
Appears in 2 contracts
Sources: Note Purchase Agreement (Invacare Corp), Note Purchase Agreement (Invacare Corp)
Priority Debt. The Company shall will not at any time permit Priority Debt to exceed the greater of (ia) $59,000,000 7,500,000, or (iib) 2015% of Consolidated Net Worth as of the end of the then most recently ended fiscal quarter of the CompanyWorth.
Appears in 2 contracts
Sources: Note Purchase Agreement (Homeservices Com Inc), Credit Agreement (Homeservices Com Inc)
Priority Debt. The Company shall not at any time not, as of the end of each fiscal quarter, permit the aggregate outstanding amount of Priority Debt to exceed the greater of (i) $59,000,000 or (ii) 2015% of Consolidated Net Worth as of the end of the then most recently ended fiscal quarter of the Companyat such time.
Appears in 1 contract
Sources: Note Purchase Agreement (Ryans Family Steakhouses Inc)
Priority Debt. The Company shall not will not, at any time time, permit the aggregate amount of all Priority Debt to exceed the greater of (i) $59,000,000 or (ii) an amount equal to 20% of Consolidated Net Worth Total Assets determined as of the end of the then most recently ended fiscal quarter of the Company.
Appears in 1 contract
Priority Debt. The Company shall not will not, at any time time, permit the aggregate amount of all Priority Debt to exceed the greater of (i) $59,000,000 or (ii) 20an amount equal to 10% of Consolidated Net Worth determined as of the end of the then most recently ended fiscal quarter of the Company.
Appears in 1 contract
Sources: Note Purchase Agreement (Egl Inc)
Priority Debt. The Company shall not not, at any time time, permit the aggregate outstanding amount of Priority Debt to exceed the greater of (i) $59,000,000 or (ii) 2015% of Consolidated Net Worth Worth, determined as of the end last day of the then most recently ended fiscal quarter of the CompanyCompany commencing with the fiscal quarter of the Company ending December 27, 2003.
Appears in 1 contract
Sources: Note Purchase Agreement (New England Business Service Inc)
Priority Debt. The Company shall not will not, at any time time, permit the aggregate amount of all Priority Debt to exceed the greater of (i) $59,000,000 or (ii) 20an amount equal to 25% of Consolidated Net Worth determined as of the end of the then most recently ended fiscal quarter of the Company.
Appears in 1 contract